I can get 2200-2400 per month for it because I'm getting that from another condo I own in the same city under the same business model.

My wife and I went out to look at a duplex yesterday and loved it. 

The first is a 5 property portfolio that consists of 3 triplexes and 2 duplexes with zero vacancies.

To anyone unfamiliar they are offering a forgivable loan of 50% up to 40k for owner occupants for single family and duplex style houses contingent on staying in the home for 5 years.

Then you would have more money to perhaps afford a duplex?

We would like to buy and hold a duplex up to a quadplex. we are okay with something that needs a little work.

Why continue to invest in SFH or duplexes and why not invest in a 40 or 50 unit apartment complex?

Listening to the Podcast episode 269 ("How the New Tax Code Affects Your Real Estate Investments") and I think I blew it here.Bought a duplex for owner occupy, moved in and did some renovation work to the unit that will be the rental. 

My name is Michelle (it says Michael but I’ll get that changed soon) and I am a condo owner in NYC.

I've owned a condo as a rental for 5 years now and like yourself have been studying up and developing a business plan to launch.